Daily Mail owner acquires New Scientist
The publisher of the Daily Mail has bought the New Scientist, one of the world’s leading science magazines, in a £70m deal, reports the Financial Times. The London-based title has a weekly circulation of approximately 120,000 copies with readers based in the UK, U.S., and Australia. The magazine generates about three-quarters of its revenue from […]
Daily Mail hires Wooller as health correspondent
Shaun Wooller has joined The Daily Mail as a health correspondent. Wooller brings a decade’s experience in journalism at local, regional and national levels to the company. Previously, he was at The Sun and has also worked as a news reporter at Solent News and Photo Agency for 7 years. Wooller is a BSc. in […]
Daily Mail sees plummeting advertising amid lockdown
DMGT, the owner of the Daily Mail records another decrease in advertising revenues since November after the most recent lockdowns affected its free sheet newspapers and events business, with underlying group revenue falling 15 percent in the first quarter of its financial year. Print advertising fell 38 percent primarily because of a big fall in […]
CMA to investigate Daily Mail’s takeover of newspaper i
The UK’s Competition and Markets Authority (CMA), a government entity that serves as a monopoly watchdog, announced that it will analyze the planned £50m deal by the owners of the Daily Mail and Mail on Sunday to buy rival newspaper the i, according to reports. Officials at the CMA have started an investigation into the […]
Daily Mail saved by digital revenue as print circulation falls
Advertising revenues helped offset the decline in newspaper circulation, as the Daily Mail owner refocused attention on the news industry with the purchase of the i, reports the Financial Times. The parent company of the Daily Mail and its titles cut back on expansion from 40 operating companies to eight, and from ten sectors to […]
Daily Mail may acquire rival The Daily Telegraph
The owner of The Daily Mail newspaper may be in talks to acquire rival, The Daily Telegraph, according to analysts at broker Liberum Capital Ltd., reports Bloomberg Quint. If negotiations are successful, the deal would combine two of U.K.’s most prominent right-wing and Brexit-backing newspapers. Daily Mail & General Trust Plc have approximately $245 million […]